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Dec 31, 2012
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ernie to joe biden to break the stalemate. >> we are running at a time. there is too much at stake. >> workers may see less and there paycheck if there is no agreement. government contractors might be forced to lay off employees. businesses could lose tax breaks. many americans are still hoping for an 11th hour compromise. >> i would hope they could work together and realize that this is affecting everyone. >> both chambers will reconvene later this morning, at which point there will be 12 hours left until the deadline. >> what of lawmakers working on today? >> will we know is that harry reid will likely reap introduced president obama's campaign season plan which would extend the tax cuts to americans making less than $250,000 a year but raise taxes on the wealthier americans. this is something republicans have turned down time and time again. >> maryland could lose hundreds of millions of dollars if we do go off the fiscal cliff. kim dacey is live with have the gridlock in washington is affecting us in maryland. >> we have a lot of people employed by th
ernie to joe biden to break the stalemate. >> we are running at a time. there is too much at stake. >> workers may see less and there paycheck if there is no agreement. government contractors might be forced to lay off employees. businesses could lose tax breaks. many americans are still hoping for an 11th hour compromise. >> i would hope they could work together and realize that this is affecting everyone. >> both chambers will reconvene later this morning, at which...
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Jan 1, 2013
01/13
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was -- joe vice president joe biden was briefing. here is joe biden on expectations a moment ago. >> two things you shouldn't do, shouldn't predict how the senate will vote, and number two, shouldn't predict how the house will vote. i feel very, very good. i think we will get a good vote tonight. >> reporter: senate vote in a matter of moments. no idea what will happen. >> do you think this is the beginning of the end or the end of the beginning? >> reporter: absolutely. >> well said. thank you for watching. we are always on www.wusa9.com. letterman is next. have a great night and a very happy new years.
was -- joe vice president joe biden was briefing. here is joe biden on expectations a moment ago. >> two things you shouldn't do, shouldn't predict how the senate will vote, and number two, shouldn't predict how the house will vote. i feel very, very good. i think we will get a good vote tonight. >> reporter: senate vote in a matter of moments. no idea what will happen. >> do you think this is the beginning of the end or the end of the beginning? >> reporter: absolutely....
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Dec 31, 2012
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vice president joe biden is now directly involved in the 11th-hour negotiations. but, there's no deal if sight. and that means taxes could go up for just about everyone american as soon as tomorrow. >>> a tense takeoff for passengers aboard a flight from kansas city to denver. a piece of an engine covering fell off. a passenger snapped this photo. the united flight circled the airport there in kansas city for 20 minutes before making an emergency landing. >>> and indianapolis colts head coach chuck pagano is back. in the saddle. enjoying a triumphant return. pagano was on the sidelines on sunday for the first time since fighting his leukemia. it went into complete remission. the 52-year-old returned after a three-month absence to tears and cheers of joy, and a win for his comeback colts who are now in the playoffs. >>> and, finally, a good holiday weekend for hollywood. "the hobbit" was once again the number one draw at the box office. as it has been for all three weeks since it was released. and that james bond film, "skyfall," passed the $1 billion mark globally
vice president joe biden is now directly involved in the 11th-hour negotiations. but, there's no deal if sight. and that means taxes could go up for just about everyone american as soon as tomorrow. >>> a tense takeoff for passengers aboard a flight from kansas city to denver. a piece of an engine covering fell off. a passenger snapped this photo. the united flight circled the airport there in kansas city for 20 minutes before making an emergency landing. >>> and indianapolis...
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late last night, vice president biden went to capitol hill to convince senate democrats to pass it. >> i think we'll get a very good vote tonight, but happy new year. >> reporter: after a quick debate, the senate even passed it. >> the bill as amended is passed. >> reporter: now the big question, can it pass in the house? technically everybody's taxes have already gone up. the tax cuts have expired. but if the bill can pass in the house in the next day or two, the tax cuts can be made retroactive. the bill, if it passes, would extend tax cuts for all workers earning under $400,000. it would prevent a big tax hike estates values at less than $5 million and it would extend unemployment benefits set to expire today for some 2 million people. even as they closed in on that deal yesterday, congressional republicans were not happy with what they heard from president obama who held a campaign-style event at the white house. >> i'm going to be president for the next four years, i think. >> reporter: effectively continuing the partisans' bickering we've long seen. >> time to stop the cheerlead
late last night, vice president biden went to capitol hill to convince senate democrats to pass it. >> i think we'll get a very good vote tonight, but happy new year. >> reporter: after a quick debate, the senate even passed it. >> the bill as amended is passed. >> reporter: now the big question, can it pass in the house? technically everybody's taxes have already gone up. the tax cuts have expired. but if the bill can pass in the house in the next day or two, the tax...
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: biden swooped in at the 11th hour to hammer out a way forward to mitch mcconnell. the agreement would permanently extend bush tax cuts to those making under $400,000 and households making $450,000. raise the estate tax at those valued at more than $5 million and extend unemployment benefits for 2 million people. and automatic spending cuts that go into effect will be postponed for two months and paid for by other spending cuts. the house could take up the deal tomorrow. taxpayers would have felt the impact of the fiscal cliff immediately. if the deal passes, the average american family would avoid a tax increase of more than $3,400. a white house official said this is a compromise, so we don't love it but it's the right thing to do for the economy. back to you. >> and the fiscal cliff isn't the only financial crisis the nation could be facing. the u.s. has hit the debt ceiling. the government hit more than $16 trillion borrowing limit last night. that means the treasury department can only shift assets around for another six to eight weeks or the government can no
: biden swooped in at the 11th hour to hammer out a way forward to mitch mcconnell. the agreement would permanently extend bush tax cuts to those making under $400,000 and households making $450,000. raise the estate tax at those valued at more than $5 million and extend unemployment benefits for 2 million people. and automatic spending cuts that go into effect will be postponed for two months and paid for by other spending cuts. the house could take up the deal tomorrow. taxpayers would have...
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Dec 31, 2012
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. >> reporter: minority leader mitch mcconnell called vice president biden in for help. biden is now said to be playing a direct role. >> there's no single issue that remains an impossible sticking point. the sticking point appears to be a willingness and interest or frankly the courage to close the deal. >> reporter: if congress doesn't act soon, drastic spending cuts will go into effect and taxes go up for everyone. senate leaders continue to work on the stop gap bill, but sticking points remain. >> there's still significant difference between the two sides, but negotiations continue. >> reporter: reid said negotiation also continue through the night, with just hours left till that deadline. john and paula? >>> secretary of state hillary clinton is spending new year's eve in the hospital. during a checkup for her concussion, doctors discovered clinton developed a blood clot. now she's on medication. the medical experts we spoke with speculate that clinton may have developed the clot after days of inactivity due to the concussion. >> we wish her a speedy recovery. >>> m
. >> reporter: minority leader mitch mcconnell called vice president biden in for help. biden is now said to be playing a direct role. >> there's no single issue that remains an impossible sticking point. the sticking point appears to be a willingness and interest or frankly the courage to close the deal. >> reporter: if congress doesn't act soon, drastic spending cuts will go into effect and taxes go up for everyone. senate leaders continue to work on the stop gap bill, but...
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Dec 31, 2012
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reporter: grfrt -- frustrated with the impasse, republican mcconnell said he called vice president biden, urging him to get involved. >> i'm concerned about the lack urgency here. i want everyone to know i'm willing to get this done, but i need a dance partner. >> reporter: after a roller coaster of a weekend, the bottom line is, there is still no deal. although the white house says the president remains modestly optimistic and harry reid said they would work through the night. but of course time is almost out. >> jon karl in washington, thank you. there is late word tonight secretary of state hillary clinton has been admitted to a new york hospital. doctors have found a blood clot she sustained after the fall. she's being watched closely for the next 48 hours before deciding to take action. >> the president meanwhile making headlines with tough talk about gun control in his second term in the wake of the shootings in newtown, connecticut. you'll remember the president tearing up as he addressed the nation on the day of the shooting. today the president recalled that day. >> this is some
reporter: grfrt -- frustrated with the impasse, republican mcconnell said he called vice president biden, urging him to get involved. >> i'm concerned about the lack urgency here. i want everyone to know i'm willing to get this done, but i need a dance partner. >> reporter: after a roller coaster of a weekend, the bottom line is, there is still no deal. although the white house says the president remains modestly optimistic and harry reid said they would work through the night. but...
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Dec 28, 2012
12/12
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. >> reporter: vice president biden made a rare appearance in the senate, not to negotiate -- >> i do. >> congratulations, senator. >> reporter: but to swear in a new democratic senator from hawaii. a vote the white house will need if the senate ever gets around to voting on a plan to avert the fiscal cliff. in the house, even less going on. the only hopeful words, from the house chaplain, looking for some divine help. >> as this chamber lies silent, still, we pray for hope. >> reporter: without agreement soon, nearly everybody takes a hit. a schoolteacher with two kids and a salary of $43,000, for example, will face a tax hike of more than $3,000. members of congress helped get us into this mess and they'll pay, too. with incomes of $174,000, they'll pay some $7,500 more in taxes. as for the super rich? well, consider basketball phenom lebron james. he makes about $53 million. he could see his taxes go up by more than $2.4 million next year alone. and it's not just taxes. on january 1st, unemployment benefits expire for some 2 million people. and we've just learned the president will
. >> reporter: vice president biden made a rare appearance in the senate, not to negotiate -- >> i do. >> congratulations, senator. >> reporter: but to swear in a new democratic senator from hawaii. a vote the white house will need if the senate ever gets around to voting on a plan to avert the fiscal cliff. in the house, even less going on. the only hopeful words, from the house chaplain, looking for some divine help. >> as this chamber lies silent, still, we pray...
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>>reporter: biden swooped in at the 11th hour to hammer out an agreement. that would permanently extend the bush tax cut for individual making under 400,000. household making under 4 50,000. raise estate tax for those value at more than 5 million dollars. and extend unemployment benefits for one year for some two million people. those automatic spending cuts go into effect in the new year, they will be postponed for two months. and paid for by other spending cuts. the house could take up the deal tomorrow. taxpayers would have felt the impact of the cliff medley. if the deal passes the average american family would avoid a tax increase of more than 3400 dollars. . officials told us tonight this is a row compromise so we don't love it but it's the right thing to do for the economy. abc news washington. >> tens of thousands of people packing the san francisco waterfront tonight. worry about the fiscal khiv some other time. live look embarcadero from the 7 news roof top camera. it is packed with new year's eve revellers ready for the fireworks. john is right t
>>reporter: biden swooped in at the 11th hour to hammer out an agreement. that would permanently extend the bush tax cut for individual making under 400,000. household making under 4 50,000. raise estate tax for those value at more than 5 million dollars. and extend unemployment benefits for one year for some two million people. those automatic spending cuts go into effect in the new year, they will be postponed for two months. and paid for by other spending cuts. the house could take up...
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Jan 1, 2013
01/13
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>>reporter: biden swooped in at the 11th hour to hammer out a way forward with mcconnell. the agreement would permanently extend the bush tax cuts for individuals making under 40 400,000 holding making under 4 50,000. raise the estate tax valued at more than 5 million dollars and extend unemployment benefits for 1 year for some two million people. and those automatic spending cuts go into effect in the new year postponed for two months. and paid for by other spending cuts. house could take up the deal tomorrow. taxpayers would have felt the impact of the fiscal cliff immediately. if the deal passes afternoon american family avoid tax increase of more than 3400 dollars. . officials told that you say this is a compromise so we don't love it but it's the right thing to do for the economy. karen travers abc news washington. >> wreaths talk about the weather on the new year's eve. it's pretty chilly tonight. already is pretty chilly outside. already people are streaming in large numbers into the streets of san francisco ready for the fireworks display but it looks fairly clear.
>>reporter: biden swooped in at the 11th hour to hammer out a way forward with mcconnell. the agreement would permanently extend the bush tax cuts for individuals making under 40 400,000 holding making under 4 50,000. raise the estate tax valued at more than 5 million dollars and extend unemployment benefits for 1 year for some two million people. and those automatic spending cuts go into effect in the new year postponed for two months. and paid for by other spending cuts. house could...
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Jan 1, 2013
01/13
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last word we got came from vice president joe biden. just minutes ago. here is the vice president. >> i feel very good about how is vote is going to go. having been in the senate, there are two things you shouldn't do. you shouldn't predict how the senate is going vote before they vote. you won't make a lot of money. two, you shouldn't predict how the house is going to vote. >> house will not vote on this fiscal cliff bill until tomorrow. we've heard from the house leadership that this bill will not be voted on there until voted n in the senate. not until house leadership has had time to review the bill. tax on high income earners, it will produce $620 billion in revenue. unemployment eninsurance, $30 billion from one year, not going to be paid for with other costs. there are no spending cuts in this bill that. is going to happen -- have to be taken up at a later date. so big question mark whether or not the house, republican led house is going to go for that. back to you. >> a vote at 3:00 or 4:00 in the morning >> correct. in the morning. >> yes. >> i'
last word we got came from vice president joe biden. just minutes ago. here is the vice president. >> i feel very good about how is vote is going to go. having been in the senate, there are two things you shouldn't do. you shouldn't predict how the senate is going vote before they vote. you won't make a lot of money. two, you shouldn't predict how the house is going to vote. >> house will not vote on this fiscal cliff bill until tomorrow. we've heard from the house leadership that...
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Jan 1, 2013
01/13
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the white house is very involved in this, particularly joe biden. dana saying if there is a deal, they're going to need joe biden to go over and talk to democrats there to sell this to them. there have been those who have been dissatisfied with the development of a deal as we have heard about it today. what's going on at the white house right now? >> well, i have reported that the vice president is set to go up there just as soon as the democrats hold or schedule a caucus, a meeting of the senate democrats to present the bill. and then the vice president will take their questions and answer any of their concerns. but ali, just hours before that ball is set to drop in new york city, there is still time for lawmakers to drop the ball here in washington, d.c. i have been waiting a long time to use that line. >> you may have several chances through the course of the evening to use it more. >> can i give you -- let me tell you something else. there is still -- the important thing for the white house right now is there's a lot of optimism here, optimism a
the white house is very involved in this, particularly joe biden. dana saying if there is a deal, they're going to need joe biden to go over and talk to democrats there to sell this to them. there have been those who have been dissatisfied with the development of a deal as we have heard about it today. what's going on at the white house right now? >> well, i have reported that the vice president is set to go up there just as soon as the democrats hold or schedule a caucus, a meeting of...
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Jan 1, 2013
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because it seemed like joe biden was very much in charge. well, the fact is, biden was actually very much an extension of him and it sort of makes sense when you think of the rhythm of how congress works. the president, of course, served in the senate. joe biden served in the senate for decades alongside mitch mcconnell. and it was really, i think, that relationship, and sort of his knowing the rhythm of congress. and also, frankly, the deadline that helped kind of push this along. >> brianna keilar in washington, thanks for being with us. we'll talk to you again real soon >> staying in the capital now with jonathan allen. senior congressional correspondent for politico. john, give us some sense of the word from the house this morning. because we're going to spend a lot of time telling all those folks who might have been doing something other than paying attention to what was going on with the fiscal cliff overnight what the details of the plans are. we wasting our breath? is this going to make it through the house? >> the message we're hear
because it seemed like joe biden was very much in charge. well, the fact is, biden was actually very much an extension of him and it sort of makes sense when you think of the rhythm of how congress works. the president, of course, served in the senate. joe biden served in the senate for decades alongside mitch mcconnell. and it was really, i think, that relationship, and sort of his knowing the rhythm of congress. and also, frankly, the deadline that helped kind of push this along. >>...
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here now with a preview of how to stay out of trouble is trace gallagher, biden or west coast newsroom. >> many laws you have not heard about. for example, newark state now, it is illegal for you to sell electronic cigarettes to minors. in illinois, if you are applied for a job, your would-be boss can no longer ask for your social networking password. that has been deemed in violation of your privacy. if you riding motorcycle in illinois, you can run red lights. if you'd like when you get on your bike, it's not heavy enough to trigger the sensors to turn the lights from red to green. so they save you wait there for two minutes and the coast is clear, you are free to go. illinois, illinois now has banned the sale of all shark suit. in california you can no longer use dogs to chase down by pairs and the humane society says it's bad for the bears and bobcats and the dogs. and computer-driven vehicles are now okay. as long as there is a human in the passenger seat in case the computer takes over come you have someone to grab control of the car. by the way, do you think the gridlock in wash
here now with a preview of how to stay out of trouble is trace gallagher, biden or west coast newsroom. >> many laws you have not heard about. for example, newark state now, it is illegal for you to sell electronic cigarettes to minors. in illinois, if you are applied for a job, your would-be boss can no longer ask for your social networking password. that has been deemed in violation of your privacy. if you riding motorcycle in illinois, you can run red lights. if you'd like when you get...
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he has been speaking to vice president joe biden throughout the day. it seems like there is some progress that appears to be -- rick: he said we are very, very close an says he agrees with the president who spoke during our program. when the president said the top priority is taking care of keeping those tax rates for the middle class down, mitch mcconnell saying that is the top priority and we can get it done. so let's get it done. those are probably the most optimistic words we have heard from senator mcdmonl some time. very, very close. sounds very, very promising. but there is so much to do, so much to get done parliamentary, it's sort of an organizational-wise. it's hard to get it done by midnight tonight. that what we'll be watching for in the hours ahead. arthel: for the americans who are frustrated to hear m connell say let's take care of those middle class families and we'll deal with the rest later. rick: this is a deal primarily between mitch mm connell and joe biden after some stalled efforts. they put off what they call the sequestration a
he has been speaking to vice president joe biden throughout the day. it seems like there is some progress that appears to be -- rick: he said we are very, very close an says he agrees with the president who spoke during our program. when the president said the top priority is taking care of keeping those tax rates for the middle class down, mitch mcconnell saying that is the top priority and we can get it done. so let's get it done. those are probably the most optimistic words we have heard...
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Dec 31, 2012
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. >> reporter: white house officials say vice president biden is now playing a direct role in the talks. the two parties remain at odds over the automatic, across the board cuts to government programs. there's divide on taxes. the white house wants to raise tax rates on people making more than $250,000 a year and republicans want to keep the estate tax from going up. >> if we're not able to reach an agreement, it will be dire. >> reporter: if there's no deal today, the average american family will start the year with a $3400 tax hike. paula and john? >> tahman bradley reporting live from washington this morning. thanks, tahman. happy new year to you. >> reporter: same to you. >>> the president called the shooting at newtown was the worst day of his presidency. and pledged to put his full weight behind legislation aimed at preventing gun violence. he said he was skeptical of the nra's proposal to put armed guards in every school. >>> a bus crash on an oregon highway has killed nine people and injured others. the tour bus lost control on interstate 84 yesterday morning. it happens in a tr
. >> reporter: white house officials say vice president biden is now playing a direct role in the talks. the two parties remain at odds over the automatic, across the board cuts to government programs. there's divide on taxes. the white house wants to raise tax rates on people making more than $250,000 a year and republicans want to keep the estate tax from going up. >> if we're not able to reach an agreement, it will be dire. >> reporter: if there's no deal today, the average...
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now vice president biden is said to be about 100,000 a year apart. biden is willing to preserve tax cuts for families making up to $450,000. mcconnell holding out for $550,000. a year. south carolina senator lindsey graham is not happy about it. >> in 2010 we extend the all the tax cuts because the economy was weak. in 2012, 2013, we're not going to extend the tax cuts the economy is weaker. i don't understand the economics but i do understand the politics. the president won. the president campaigned on raising rates. he will get a rate increase. >> reporter: we focus on the tax rates but that is not the only issue. the bigger issue is what the money is used for. the republicans want to use it to reduce the deficit. the democrats want to ease spending cuts for another year or so. gregg? gregg: wendell goler, thank you very much, live at the white house. we switch to the other end of the avenue and there is house speaker john boehner just arriving and, let's listen. >> [inaudible]. gregg: wow, we got a ephappy new year out of eric cantor. maybe i coul
now vice president biden is said to be about 100,000 a year apart. biden is willing to preserve tax cuts for families making up to $450,000. mcconnell holding out for $550,000. a year. south carolina senator lindsey graham is not happy about it. >> in 2010 we extend the all the tax cuts because the economy was weak. in 2012, 2013, we're not going to extend the tax cuts the economy is weaker. i don't understand the economics but i do understand the politics. the president won. the...
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knew how to do it calling in vice president biden. obviously they were able to kind of talk turkey in a way that got things done. i think really elevates his prestige even more. harry reid, again certainly in a position to obstruct something. he didn't. so could he have been more aggressive? perhaps so. i think this is kind of the outcome a lot of members of the senate, house, democrat and republican foresaw. i don't give any bad notes to harry reid on this. heather: okay. basically because he went quiet and stepping into his place and appeared to be vice president joe biden. >> biden is clear winner even eclipsing the president who yesterday almost had what democratic strategists call a leon lett moment. the dallas cowboy who spiked football before he got into the end zone. when the president had obnoxious pep rally before the agreement was reached. joe biden stepped in. he spent many decades in the chamber. he has personal relationship with mitch mcconnell. depends how you view the deal. if you think mcconnell did the right thing he
knew how to do it calling in vice president biden. obviously they were able to kind of talk turkey in a way that got things done. i think really elevates his prestige even more. harry reid, again certainly in a position to obstruct something. he didn't. so could he have been more aggressive? perhaps so. i think this is kind of the outcome a lot of members of the senate, house, democrat and republican foresaw. i don't give any bad notes to harry reid on this. heather: okay. basically because he...
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joe biden is saying, yeah, 2016. maybe. >> he is not going through the ritual of saying -- he is clearly it does interest me. it's hard to -- i would separate this from presidential politics. as hard as that is for somebody like us. >> come on. it's tough. i do think this represents the fact that at the end of the day particularly in your intense dead looirn situation personal relationships do matter. two men that have been in the senate and know each other. i don't know of if i particular affection, they know each other and they know what makes the other tick. they know what the other incentives are. the personal relationships can matter. there's no question. i think it will give sort of credibility to joe biden's standing, and they will show the value of that kind of institutional knowledge and seniority. >> they say it's the deal and it's the program meter is 450,000 with an extension of the patch in amt and extension of unemployment benefits and all these sorts of things. are both sides able even if they're not r
joe biden is saying, yeah, 2016. maybe. >> he is not going through the ritual of saying -- he is clearly it does interest me. it's hard to -- i would separate this from presidential politics. as hard as that is for somebody like us. >> come on. it's tough. i do think this represents the fact that at the end of the day particularly in your intense dead looirn situation personal relationships do matter. two men that have been in the senate and know each other. i don't know of if i...
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the vice president, joe biden, spent a lot of time with house democrats today. that was a very persuasive presentation, house democratic officials tell me. there are lots of votes on the democratic side. the question is can republicans provide enough on their side to get this deal done. the white house tonight is a bit hopeful. >> mason: major, is this an effort by vice president joe biden or is the president himself getting involved in making calls? >> the president is not making calls white house officials tell me-- for a practical reason. he doesn't have good relationship with house republicans and the white house decided it would do more harm than good. the vice president has an excellent relationship with the house democrats and the white house is basically letting house republicans work this out for themselves and they hope they will sometime later this evening. >> mason: we hope so, too, major garrett at the white house, thanks, major. the new year brought in new laws around the country. at midnight, maryland became the ninth state to allow marriage. in c
the vice president, joe biden, spent a lot of time with house democrats today. that was a very persuasive presentation, house democratic officials tell me. there are lots of votes on the democratic side. the question is can republicans provide enough on their side to get this deal done. the white house tonight is a bit hopeful. >> mason: major, is this an effort by vice president joe biden or is the president himself getting involved in making calls? >> the president is not making...
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. >> good morning, terrell, vice president joe biden is now in on negotiations. senate minority leader mitch mcconnell reached out to him sunday night after talks with democrats stalled. but with just hours go until this deadline there are still obstacles standing in the way of even a watered down agreement. lawmakers left the capitol sunday night without a deal in place, but leaders from both parties expressed their willingness to continue working. >> there's still significant difference between the two sides but negotiations continue. >> i want everyone know i'm willing to get this done but i need a dance partner. >> some progress was made sunday when they dropped a proposal to slow social security growth but the main sticking point between democrats and republicans continues to be over the threshold of tax increases. president obama campaigned on raising taxes on income over $250,000 while many congressional republicans have pushed back on any increase in taxes. >> they say that the biggest priority is making sure that we deal with the deficit in a serious way
. >> good morning, terrell, vice president joe biden is now in on negotiations. senate minority leader mitch mcconnell reached out to him sunday night after talks with democrats stalled. but with just hours go until this deadline there are still obstacles standing in the way of even a watered down agreement. lawmakers left the capitol sunday night without a deal in place, but leaders from both parties expressed their willingness to continue working. >> there's still significant...
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mcconnell and biden get along much better than mcconnell does with president obama. in the last 24 hours, the administration has given ground on raising threshold for income tax rates and estate tax rates, but also demanded much more in new government spending the republicans are comfortable with. it's that division between spending and taxes that continues to divide both sides, and that is the one thing that may prevent a deal from being achieved in the final hours as we get nearer to the fiscal cliff. >> major garrett, thank you. senator is live on capitol hill. >> thanks for having me. >> if there's a deal today, why would you vote to extend tax cuts if there are no new spending cuts? >> that's the exact thing. the real problem is the spending. if you want to raise taxes -- and the president promised in the campaign he wanted to do that -- it's to pay down on the deficit. there's no evidence of any of that. that's a major sticking point. the democrats are divided on tax rates, on the death tax, on taxes on small business and the republicans are holding firm that y
mcconnell and biden get along much better than mcconnell does with president obama. in the last 24 hours, the administration has given ground on raising threshold for income tax rates and estate tax rates, but also demanded much more in new government spending the republicans are comfortable with. it's that division between spending and taxes that continues to divide both sides, and that is the one thing that may prevent a deal from being achieved in the final hours as we get nearer to the...
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Dec 31, 2012
12/12
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WUSA
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congressional leaders and vice president biden are struggling to avoid the fiscal cliff. those negotiations continue this morning. nancy cordes is on capitol hill. nancy, good morning. >> reporter: good morning to you, norah. they have appeared to move closer to one another. democrats have come way up from the president's longstanding position that the bush tax cuts should expire for all household income over $250,000 a year. republicans have come way down from speaker boehner's insistence that that limit be set at a million dollars. and so if there's a deal today, and that's a big "if," you can expect it would be set around $400,000, $500,000, $600,000 a year, so certainly 90, 95% of americans would be keeping their tax cut. one of the biggest sticking points for the republicans right now appears that this deal doesn't include significant spending cuts. in fact, it contain as lot of new spending and so that is one major issue that's going to have to be ironed out. and if they don't get an agreement today by the deadline, the big question, norah, is do the two sides conti
congressional leaders and vice president biden are struggling to avoid the fiscal cliff. those negotiations continue this morning. nancy cordes is on capitol hill. nancy, good morning. >> reporter: good morning to you, norah. they have appeared to move closer to one another. democrats have come way up from the president's longstanding position that the bush tax cuts should expire for all household income over $250,000 a year. republicans have come way down from speaker boehner's...
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Dec 31, 2012
12/12
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tonight it's between mcconnell from the senate and vice president joe biden. some of the last people in the building, i know, come on through, guys, if you want. there's one of the crews that -- the worker crews are starting to come into work tonight. we're the last reporting crew. all the members of congress have pretty much gone. hey, guys. the republicans in the house were meeting late tonight to try to talk about what to do, in the end this is what our producer deirdre walsh heard from them. the message is just sit tight, stay tuned and i think what we have to do, don, is find out tomorrow morning, whether there is any progress between senator mcconnell and vice president joe biden. there is definitely hope. there is not a lot of time. >> let me tell you this, lisa. when you see the workers there, and the crew that -- and those are the people who these negotiations are about. every day americans who work these types of jobs, who are every day americans and so there you go. i think that is absolutely tells the story. >> reporter: don, i want to -- >> go ahe
tonight it's between mcconnell from the senate and vice president joe biden. some of the last people in the building, i know, come on through, guys, if you want. there's one of the crews that -- the worker crews are starting to come into work tonight. we're the last reporting crew. all the members of congress have pretty much gone. hey, guys. the republicans in the house were meeting late tonight to try to talk about what to do, in the end this is what our producer deirdre walsh heard from...
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Dec 31, 2012
12/12
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CNNW
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vice president joe biden will see his pay jump from $225,000 to nearly $232,000 a year. house speaker john boehner will see his salary increase to more than $224,000. and senate majority leader harry reid will take home an annual pay of $194,000 after his raise. so those guys are getting a raise. and if you are counting on a tax refund in the next few weeks, the fiscal cliff could force you to wait just a little bit longer than usual. >>> checking our top stories. the nation is now 14 hours away from the fiscal cliff. sources tell us vice president joe biden and senate minority leader mitch mcconnell talked through the night and vow to keep these negotiations going on today. the gridlock in washington could also hold up your tax refund. you might have to wait until late march to file if congress does not approve a short-term fix for the alternative minimum tax in the next few days. same issue two years ago delayed the opening of tax season by four weeks to mid-february. >>> former president george h.w. bush is still in a houston hospital but no longer in intensive care.
vice president joe biden will see his pay jump from $225,000 to nearly $232,000 a year. house speaker john boehner will see his salary increase to more than $224,000. and senate majority leader harry reid will take home an annual pay of $194,000 after his raise. so those guys are getting a raise. and if you are counting on a tax refund in the next few weeks, the fiscal cliff could force you to wait just a little bit longer than usual. >>> checking our top stories. the nation is now 14...
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Jan 1, 2013
01/13
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CNNW
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and vice president biden is going to address the caucus at 12:15. and so i hope -- i hope -- i hope he and the president will work the phones and get these people to support it. >> reporter: you're retiring. >> right. >> reporter: after 36 years. >> right. >> reporter: in the house of representatives. >> that's right. >> reporter: a long time. so this is probably the last vote that you take as a congressman? >> it will be one of last votes. we have to have vote on adjournment. we also have the supplemental coming up. >> reporter: that's true. >> very important, new jersey and new york. and i'm the ranking democrat on appropriations. so i'm going to get one last chance to be on the floor battling. we're supporting this bill. >> reporter: talk about you have seen things change here. and change when it comes to both parties, the atmospherics, dynamics. >> well, it's -- when i first got here, we had 295 democrats. it wasn't even conceived the republicans would be in the majority. and so people worked together. it was a completely different atmosphere. w
and vice president biden is going to address the caucus at 12:15. and so i hope -- i hope -- i hope he and the president will work the phones and get these people to support it. >> reporter: you're retiring. >> right. >> reporter: after 36 years. >> right. >> reporter: in the house of representatives. >> that's right. >> reporter: a long time. so this is probably the last vote that you take as a congressman? >> it will be one of last votes. we...
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Dec 26, 2012
12/12
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CSPAN
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so went to the front of the airplane to senator obama and senator biden had been newly selected as his running mate. he said i think i am reasonably smart. it took me like six months to figure out how to be a presidential candidate, how to deal with the stop light, how to deal with the national politics. she may be the smartest politician ever and she may be able to come out of alaska to handle all of this. but i will give her three weeks. three weeks to the day, she did her interview with katie couric, which effectively ended it for her. [laughter] i thought that they might make a conservative choice, someone who had at least a taste of the national stage or, which was more of a consensus in the political committee, that he might take rob portman from ohio because ohio is so important. portman was a guy who is a center-right conservative, who might be more broad. i think barack was surprised by the jurors. what do you think for men could have changed -- surprised by the choice. >> do you think portman could have changed the outcome? >> i don't know. there is a lot of reflection on tha
so went to the front of the airplane to senator obama and senator biden had been newly selected as his running mate. he said i think i am reasonably smart. it took me like six months to figure out how to be a presidential candidate, how to deal with the stop light, how to deal with the national politics. she may be the smartest politician ever and she may be able to come out of alaska to handle all of this. but i will give her three weeks. three weeks to the day, she did her interview with...
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Jan 1, 2013
01/13
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WBAL
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. >> reporter: vice president biden came to the capitol to sell the fix. he worked out with gop leader mitch mcconnell who spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing they would be going up on everyone. >> reporter: the senate voted to reverse are today's tax hikes on 98% of americans. but to keep the higher rate, on families making over $450,000. president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind, just last month, republicans in congress said they would never agree to raise tax rates on wealthiest republicans. >> reporter: only 5% said no. >> americans will wake up today to be sure that their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his might not go along. boehner sent republicans home to celebrate the new year without the fiscal cliff. >> everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house takes up maybe later today, whether to fo
. >> reporter: vice president biden came to the capitol to sell the fix. he worked out with gop leader mitch mcconnell who spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing they would be going up on everyone. >> reporter: the senate voted to reverse are today's tax hikes on 98% of americans. but to keep the higher rate, on families making over $450,000. president obama took credit for breaking 20 years of...
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Dec 28, 2012
12/12
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vice president biden, harry reid, house minority leader nancy pelosi, mitch mcconnell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he doesn't see how it can get done by january 1st. we heard from president obama before he left from his vacation that he was optimistic. logistically the white house will tell you it's possible. when you listen to what you're hearing some of these congressional leaders say, there's a lot of posturing laying blame to the other side if we do go over the cliff. take a listen. >> republicans are not about to write a blank check for anything senate democrats put forward because we find ourselves at the edge of the cliff. >> we are here in washington working while the members of the house of representatives are out watching movies, watching their kids play soccer, basketball, doing all kinds of things. they should be here. >> now, house speaker john boehner is sa
vice president biden, harry reid, house minority leader nancy pelosi, mitch mcconnell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he doesn't see how it can get done by january 1st. we heard from president obama before he left from his vacation that he was optimistic. logistically the...
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Dec 31, 2012
12/12
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vice president joe biden and senate minority leader mitch mcconnell. working behind the scenes as they have successfully done in the past. the senate went home last night and they are going to get in this morning at the bright hour of 11:00 a.m. eastern. i don't understand how that works. we are not seeing any evidence of progress in either chamber, but as i said, mcconnell and biden are talking. that's important. these two guys have a long history together, and have an ability to cut a deal. one major stumbling block has been overcome. republicans have dropped their demand to reduce social security, cost of living increases. you will know that as the chain cpi. >> and the public has taken their demand for social security benefits off the table. the truth is they never should have been on the table to begin with. significant distance between the two sides, but negotiations continue. >> the consequences of this are too hot for the american people to be engaged, in a political messaging campaign. i'm interested in getting a result here. >> we followed th
vice president joe biden and senate minority leader mitch mcconnell. working behind the scenes as they have successfully done in the past. the senate went home last night and they are going to get in this morning at the bright hour of 11:00 a.m. eastern. i don't understand how that works. we are not seeing any evidence of progress in either chamber, but as i said, mcconnell and biden are talking. that's important. these two guys have a long history together, and have an ability to cut a deal....
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act and acted with 89 affirmative votes for the tough deal that leader mcconnell and vice president biden struck. only to have a rebellion in the house republican conference. now that conference is in discussions right now, as we speak. they went into a meeting about 45 minutes ago. they haven't emerged yet to try to find a way forward. as for amending the bill which so many house conservatives say they are demanding right now, the senate has made clear, senate democratic aides have made clear they're done. if the house amends that bill they will not touch it. they'll relitigate this somehow in the new congress. >> woodruff: is it the case that most republicans in the house are against this? are you able to get a read on how widespread the opposition is? >> it is the case that most house republicans are against it. that doesn't mean that all would vote against it. the dynamic you have here now is fairly broad support from democrats in the house. leader nancy pelosi and other democratic leaders calling for an up-or-down vote on the senate-passed bill. that tells you something. that tells y
act and acted with 89 affirmative votes for the tough deal that leader mcconnell and vice president biden struck. only to have a rebellion in the house republican conference. now that conference is in discussions right now, as we speak. they went into a meeting about 45 minutes ago. they haven't emerged yet to try to find a way forward. as for amending the bill which so many house conservatives say they are demanding right now, the senate has made clear, senate democratic aides have made clear...
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Dec 31, 2012
12/12
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biden stowed have given up his push to raise the estate tax. democrats are trying to delay spending cuts until 2015 and republicans are demanding more spending cuts to offset extended unemployment benefits and farm subsidies. lot of ground to make up. but mcconnell says his decision to reach out to biden was a good one. >> the vice president and i worked together on solutions before and i believe we can again. i want my colleagues to know that we'll keep everyone updated, the consequences of this are too high for the american people to be engaged in a political mess. i'm interested in getting a result here. >> there is no indication when the talks will resume today and neither biden nor mcconnell is predicting an agreement before midnight. but the conventional wisdom is that there is no great harm in going a few days into the new year, as long as the markets don't tank and it might even be politically easier to reach a deal after that. clayton, dave? >> juliet: thanks, we appreciate it. at issue, try to get information out of these closed door
biden stowed have given up his push to raise the estate tax. democrats are trying to delay spending cuts until 2015 and republicans are demanding more spending cuts to offset extended unemployment benefits and farm subsidies. lot of ground to make up. but mcconnell says his decision to reach out to biden was a good one. >> the vice president and i worked together on solutions before and i believe we can again. i want my colleagues to know that we'll keep everyone updated, the consequences...
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Jan 1, 2013
01/13
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FOXNEWSW
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biden said: me. it's interesting, the senators, the democrats all got together late yesterday, and joe biden went in, and his pitch to the liberals, particularly liberal liberals was -- quote -- "this is joe biden, and i'm your buddy." he was saying this is the best deal you're going to get. you guys got to go for it, and a majority of the democrats did. >> the little smirks and all that, but the fact is he went in there superseding harry reid who wasn't getting anything done. at least something happened. people wanted to see some sort of action. they wanted to know their congressmen who went home for the break would actually do something. >> here's mitch mcconnell on how this thing went together. he doesn't like the way it happened either but it's still done. >> shouldn't have taken us this long to come to an agreement, and this shouldn't be the model for how we do things around here. i know i can speak for my entire conference when i say we don't think taxes should be going up on anyone, but we all
biden said: me. it's interesting, the senators, the democrats all got together late yesterday, and joe biden went in, and his pitch to the liberals, particularly liberal liberals was -- quote -- "this is joe biden, and i'm your buddy." he was saying this is the best deal you're going to get. you guys got to go for it, and a majority of the democrats did. >> the little smirks and all that, but the fact is he went in there superseding harry reid who wasn't getting anything done....
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Dec 31, 2012
12/12
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. >> could joe biden be the fix? he appears to be taking over for democrats after a counteroffer to prevent a big tax hike is met by silence. harry reid says democrats couldn't respond. >> there is still significant difference between the two sides but negotiations continue. there's still time left to reach an agreement and we intend to continue negotiations. >> i am willing to get this done but i need a dance partner. >> so the senate will try to work on this again later today and we are talking about something small here if anything a continuation of the busheir raw tax cuts for most americans and renewal of long-term unemployment benefits. but payroll taxes will probably go up tomorrow for everyone. that's a big hit for paychecks and sec quest tore automatic cuts would take place. the markets investors are skiddish not knowing what's going to happen as a result of the midnight deadline. back to you guys. >> thank you very much doug luzader live from washington. we will check back with you. time for a look at who i
. >> could joe biden be the fix? he appears to be taking over for democrats after a counteroffer to prevent a big tax hike is met by silence. harry reid says democrats couldn't respond. >> there is still significant difference between the two sides but negotiations continue. there's still time left to reach an agreement and we intend to continue negotiations. >> i am willing to get this done but i need a dance partner. >> so the senate will try to work on this again...
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Jan 1, 2013
01/13
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can you say joe biden and rich mcconnell. we will have details with that get the inside story from chad who has done an incredible job refuse to go sleep for the last 300 days until this deal is done. will he bring the signed story from where we are headed from here and why is the president so happy and republicans upset. juliet is here, steve is here. these are her shoes. she only has won. left foot or right foot. sweet us now. back in a moment. : >> seven minutes till the top of the hour. >> quick headlines the faa announcing it will inspect 109 boeing 737 airplanes. it comes after a hole tore open the top of a southwest airlines plane mid flight. the inspections could cost $5.2 million. folks in concorde, massachusetts are saying good-bye to 2012 and to bottled water. a new ban on selling the single serving plastic water bottles went into effect today. it's all part of an effort to cut back on waste. the store is caught selling the bottles face a $50 fine. >>> just a short time ago we range in 2013, but along with the new
can you say joe biden and rich mcconnell. we will have details with that get the inside story from chad who has done an incredible job refuse to go sleep for the last 300 days until this deal is done. will he bring the signed story from where we are headed from here and why is the president so happy and republicans upset. juliet is here, steve is here. these are her shoes. she only has won. left foot or right foot. sweet us now. back in a moment. : >> seven minutes till the top of the...
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Dec 30, 2012
12/12
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let's talk about some, joe biden, for example, gets a raise 225 to now $231,000. we move on to a couple of others, if we can spin through to give you an example. john boehner increase of $1,000, so they're not enormous raises, they are fairly mottdest, right, peter? >> they are fairly modest, it affects not only congress, but the supreme court justices and also includes senior executives in the executive branch. the cost of this, according to the congressional budget office, is going to be about 1 billion dollars a year with this increase for senior executives in government. so, literally, think about this. they're talking about the fiscal cliff, they're talking about raising taxes and cutting spending. the only thing that's been accomplished thus far is to raise spending by about a billion dollars a year. >> dave: i think in particular rubs americans the wrong way when they see this, members of congress average salary, 174,000. average american, $48,000. that's on top of the fact that we see all the time, they take off, these long recesses and oh, by the way not
let's talk about some, joe biden, for example, gets a raise 225 to now $231,000. we move on to a couple of others, if we can spin through to give you an example. john boehner increase of $1,000, so they're not enormous raises, they are fairly mottdest, right, peter? >> they are fairly modest, it affects not only congress, but the supreme court justices and also includes senior executives in the executive branch. the cost of this, according to the congressional budget office, is going to...
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Dec 31, 2012
12/12
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minority leader mitch mcconnell called the vice president joe biden to get involved and help in the negotiations. lawmakers say they are hopeful they will get a deal today but even if they do the fight won't be over for long. republicans will push for those reforms they gave up this time around early next year during the debt limit debate. back to you. >>> for his part president obama has been trying to turn up the heat on congress applying new pressure on sunday in an interview with david gregory on "meet the press." nbc news white house correspondent has details. >> reporter: on "meet the press," president obama continued his public campaign to pressure congress. >> if congress doesn't act, then everybody's taxes go up, and for the average family that could mean a loss of $2,000 in income and the who economy can slow down. >> reporter: he called an lawmakers to strike a deal or hold a vote on his plan which would raise tax rates on wealthy americans a major sticking points for republicans. >> the way they are behaving is that their only priority is making sure that tax breaks for the wealthies
minority leader mitch mcconnell called the vice president joe biden to get involved and help in the negotiations. lawmakers say they are hopeful they will get a deal today but even if they do the fight won't be over for long. republicans will push for those reforms they gave up this time around early next year during the debt limit debate. back to you. >>> for his part president obama has been trying to turn up the heat on congress applying new pressure on sunday in an interview with...
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Jan 1, 2013
01/13
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WTTG
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. >> vice president joe biden in a visit to the capitol monday night explaining the pact he northed with senate minority leader mitch mcconnell. prior to the vote, the vice president said he felt confident about the deal but stayed away from making any predictions. >> having been in the senate along as i have, there are two things you shouldn't do. you shouldn't predict how the senate will vote before they vote. you won't make a lot of money. and number two, you surely shouldn't predict how the house is going to vote. >> reporter: if passed by the house, it would stop many of the spending cuts. >> middle class families will wake up today to at assurance that their taxes won't go up. >> reporter: democratic senator tom harkin suggested the legislation missed the mark. >> it does not address the number one priority creating good philadelphiale class jobs now. secondly, this proposal does not generate the revenue necessary for the country to meet its needs. >> reporter: republican senate minority leader mitch mcconnell said neither side got everything it wanted. >> it took an imperfect solu
. >> vice president joe biden in a visit to the capitol monday night explaining the pact he northed with senate minority leader mitch mcconnell. prior to the vote, the vice president said he felt confident about the deal but stayed away from making any predictions. >> having been in the senate along as i have, there are two things you shouldn't do. you shouldn't predict how the senate will vote before they vote. you won't make a lot of money. and number two, you surely shouldn't...